PPRuNe Forums - View Single Post - Charter rates going up worldwide?

13th June 2001 | 05:40

#2 (permalink)

seismicpilot

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Yes, that is true.
PHI, Petroleum Helicopters finally got a grip and increased rates 43% since last fall.

Their revenue was around $127 million for FY 2000, but reported a loss of $23 million; also have pulled ops out of some foreign markets too.